Federal Reserve (Fed) Board of Governors Phillip Jefferson said that future Fed moves will be driven by data and views on the economic outlook. He also added that the job market is slowly stabilizing on Friday.
Decred (DCR) rallies nearly 25% at press time on Friday, extending gains after bouncing off a rising trendline. An 11% rise in DCR mining hashrate over the last 30 days, coupled with over 10 million tokens staked, limits the available selling pressure.
The report by Nordea, authored by Jan von Gerich, discusses the recent rebound of the USD against the EUR and JPY. Despite the rebound, the report maintains a bearish outlook for the USD in the long term as investors seek alternatives.